The syllabus for the 2024 Accounting exam is as follows:
- Financial Accounting: This section covers the preparation and analysis of financial statements, including the income statement, balance sheet, and statement of cash flows.
- Managerial Accounting: This section covers the use of accounting information for decision-making, including cost-volume-profit analysis, BUDGETING, and Variance analysis.
- Auditing: This section covers the process of auditing financial statements, including planning, evidence gathering, and reporting.
- : This section covers the federal Income tax system, including individual and corporate taxation.
- Business Law: This section covers the legal Environment of business, including contracts, torts, and property law.
The exam pattern for the 2024 Accounting exam is as follows:
- The exam will consist of two parts: Part A and Part B.
- Part A will be a multiple-choice section with 50 questions.
- Part B will be a written section with two essay questions.
- The exam will be 3 hours long.
- The passing score for the exam is 70%.
The following are some tips for preparing for the 2024 Accounting exam:
- Start studying early. The earlier you start studying, the more time you will have to review the material and practice your skills.
- Create a study schedule and stick to it. Make sure to set aside time each day or week to study.
- Use a variety of study materials. There are many different types of study materials available, such as textbooks, online courses, and practice exams.
- Practice your writing skills. The written section of the exam requires you to write two essays. Make sure to practice writing essays so that you are comfortable with the format and the requirements.
- Get enough sleep. The exam is 3 hours long, so it is important to get enough sleep the night before.
- Eat a healthy breakfast. Eating a healthy breakfast will give you the energy you need to focus on the exam.
- Arrive early. It is important to arrive early for the exam so that you have time to relax and get settled.
- Read the directions carefully. Make sure to read the directions carefully before you start the exam.
- Manage your time wisely. The exam is 3 hours long, so it is important to manage your time wisely.
- Don’t panic. If you don’t know the answer to a question, don’t panic. Just skip the question and come back to it later.
- Trust your gut. If you have a gut feeling about an answer, go with it.
- Take a break. If you start to feel tired or stressed, take a short break. Get up and move around, or step outside for some fresh air.
- Breathe deeply. If you start to feel anxious, take a few deep breaths. This will help you to relax and focus.
- Believe in yourself. You can do this! Just believe in yourself and you will be successful.
The syllabus for the 2024 ACC exam is as follows:
- Financial Accounting
- Managerial Accounting
- Auditing and Assurance
- Taxation
- Business Law
- Corporate Finance
- Economics
- Quantitative Methods
The exam will be a multiple-choice exam with 100 questions. Each question will have four possible answers, and you will have 3 hours to complete the exam.
The passing score for the 2024 ACC exam is 70%.
Here are some frequently asked questions about the 2024 ACC exam:
-
What is the format of the exam?
The exam is a multiple-choice exam with 100 questions. Each question will have four possible answers, and you will have 3 hours to complete the exam. -
What is the passing score for the exam?
The passing score for the 2024 ACC exam is 70%. -
What are the topics covered on the exam?
The exam covers the following topics: Financial Accounting, Managerial Accounting, Auditing and Assurance, Taxation, Business Law, Corporate Finance, Economics, and Quantitative Methods. -
What are the Resources available to help me prepare for the exam?
There are a number of resources available to help you prepare for the exam, including textbooks, online courses, and practice exams. -
How can I register for the exam?
You can register for the exam online at the AICPA website. -
What is the cost of the exam?
The cost of the exam is $225. -
When is the exam offered?
The exam is offered throughout the year at various testing centers. -
What if I need to reschedule my exam?
If you need to reschedule your exam, you can do so online or by calling the AICPA. -
What if I have a question about the exam?
If you have a question about the exam, you can contact the AICPA customer service department.